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According to the FTC, Frere and his companies claimed to be affiliated with the U.S. Department of Education and charged up to $800 in illegal up-front fees. They also falsely told people their membership fees, some as high as $99 per month, were going towards their loan balances. In 2020, the FTC announced that Frere and his companies were banned from providing debt relief services and from violating Telemarketing Sales Rules.
In 2018, the DOJ brought criminal charges against Frere and his companies. He eventually pleaded guilty and was eventually sentenced to 42 months in prison and ordered to forfeit some $8.9 million in assets. If you purchase a product or register for an account through one of the links on our site, we may receive compensation.
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